According to the latest The World in 2050 report compiled by consultancy firm PwC, Polish economy would be one the fastest growing large economies in Europe (along with Turkey), doubling its GDP (at purchasing power parity) by 2050 from the current $1,052 billion to $2,103 billion in 2050. However, ...

The International Monetary Fund (IMF) has upheld this year’s forecast of global GDP growth at 3.4 percent for this year and 3.6 percent for 2018. “Economic activity in both developed economies, as well as the ’emerging markets’ will increase in 2017-2018,” the IMF said in a r...

Ratings agency S&P has lowered its December GDP growth forecasts for Poland from 3.3 percent to 3.2 percent in 2017 and from 3.0 percent to 2.8 percent for 2016. In December, the agency maintained its long and short term rating for Poland at the “BBB plus/A-2” level and the long and short term r...

On Monday, the Organization for Economic Cooperation and Development said in its economic forecast for Poland that GDP would remain at lower-than-expected levels for 2016, and then rise later in 2017. Specifically, the report indicated that after a period of 2.6 percent growth(in 2016), “we forecast...

Logistics company Rhenus Logistics has leased 41,000 sqm of warehouse space at a distribution center located at Błonie west of Warsaw. JLL supported the tenant during the process of selecting the location and negotiating the lease agreement. “For yea...

In December, the number of dwellings on which construction has started decreased by 9 percent y/y to 11,091, according to data released by the Central Statistics Office (GUS), in m/m terms it dropped by 34 percent. Moreover, the number of dwellings c...

Sales in small format stores (up to 300 sqm) grew by 4.5 percent y/y and by 8.6 percent m/m in December, the Polish Chamber of Commerce PIH said. The number of transactions increased by 2.5 percent compared to December 2017.

MLP Group, one of the biggest warehouse and industrial space developers in Poland, has launched construction work on its first logistics park project in Romania. Called MLP Bucharest West, the scheme is being developed near the Romanian capital and i...

Residential developer Murapol has simultaneously put up for sale a total of over 2,000 apartments covering a combined more than 85,000 sqm of usable space. The units will be built within new projects as well as new phases of already ongoing schemes, ...

The 23rd annual Book of Lists Gala welcomed 180 guests – top-level executives across all industries. Like each year, the gala focused on major players operating in various sectors in Poland and awarded them with distinctions for their successes....

Being asked about salary expectations is almost always the most awkward part of a job interview. But it is equally or even more uncomfortable when a candidate is asked how much they earn in their current job. Should information about salaries be full...